Word: edisonizing
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...tongue of Harvard Business School Professor Andrew Brimmer was firmly in cheek last week as he greeted leaders of the nation's power companies gathered in Denver for the annual meeting of the Edison Electric Institute. "So nice to see you," said he, "now that you are feeling better." The salutation drew grim laughter. Utilities are indeed in better financial shape than they were a year or so ago, but their situation is still not exactly healthy...
...draft environmental impact study on the planned power plant's neighborhood released recently by the BRA said the power plant will have minimal impact on the area and will save the institutions involved about $1.9 million a year over what they would have to pay to Boston Edison for supplying the power if the plant is not built...
...Boston Edison officials contest both this figure and the impact study's conclusion that the power plant would cause less pollution than if Boston Edison were to deliver the power in conjunction with the institutions...
...biggest point of contention on Boston Edison's side, however, is the tax revenue generated by the plant...
John J. Murphy, assistant manager in Boston Edison's electric and steam sales department, asked at the meeting that the deadline for comments on the impact statement, which expired that Friday, be extended two weeks...